Market is in 'a healthier place' post sell-off: Portfolio manager

Stocks are rebounding after a global sell-off that impacted major US indexes. John Belton, Gabelli Funds Portfolio Manager, joins Wealth to discuss market outlooks.

Now, I think from here, you're at least at a healthier place in terms of where valuations are um especially with interest rates likely coming lower. Um And I think if, if these, if they do, um, then I think it's gonna be a pretty good place to be, but just taking one example, a company like meta, um, you know, me is trading at some, some around 20 times or, or less um forward earnings.

They've been just as big a contributed to contributor to earnings growth and to earnings estimate revision.Um now just switching back to NVIDIA. But I think that has driven some of the recent um draw down in NVIDIA and we're not too concerned about a short term dynamic like that.Uh Similar to what we've heard from D A Davidson, as well as some of the other major names tracking NVIDIA on the street.'Industry' tackles the impact of overhyped tech in its ambitious third seasonChael Sonnen is urging Tony Ferguson to retire.

Nigeria Nigeria Latest News, Nigeria Nigeria Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Stocks rebound, housing market tips: Market Domination OvertimeIn today's episode of Market Domination Overtime, hosts Josh Lipton and Julie Hyman dive into the most prominent dynamics leading stocks and the US housing...
Source: YahooFinanceCA - 🏆 47. / 63 Read more »

The 2 factors driving the market rotation: Portfolio managerThe stock market averages (^DJI, ^IXIC, ^GSPC) attempt to gain back some ground Thursday after disappointing second-quarter reports from the Magnificent...
Source: YahooFinanceCA - 🏆 47. / 63 Read more »

Cracks in U.S. stock market calm boost allure of portfolio protectionInvestors face political uncertainty, big tech earnings and seasonal weakness
Source: globeandmail - 🏆 5. / 92 Read more »

Analysis-Cracks in US stock market calm boost allure of portfolio protectionInvestors are eyeing portfolio protection from a potentially rough stretch in U.S. stocks as they face political uncertainty, big tech earnings and seasonal ...
Source: YahooFinanceCA - 🏆 47. / 63 Read more »

Market movers: Stocks seeing action on WednesdayA survey of North American equities heading in both directions
Source: globebusiness - 🏆 31. / 66 Read more »

Stock market news today: US stocks rally at open as rebound set to continueStocks rose on Wednesday as investors looked to build on Tuesday's trading session that snapped a 3-day losing streak.
Source: YahooFinanceCA - 🏆 47. / 63 Read more »